Roberto Morales, Organization Secretary of the Central Committee of the Communist Party of Cuba (PCC), stated on Thursday that the U.S. blockade against the island limits the economic and social transformations approved in the country.
Writing on Facebook, Morales noted that “the blockade harms us all” and imposes an “objective limit” on carrying out transformations—many of which have already been implemented swiftly. However, he added, that US-imposed blockade drives up import costs and hinders access to credit and technology.
According to the Cuban party official, this also creates an atmosphere of uncertainty that discourages foreign investment and obstructs growth prospects for both state-owned enterprises and non-state business models, such as cooperatives and small ventures.
Addressing the consequences of these coercive measures, he pointed out that without this obstacle, resources currently spent on circumventing restrictions could instead be directed toward improving infrastructure, fostering innovation, and boosting productivity.
“Added to this is the energy blockade, along with pressures and threats aimed at potential investors, which scare off the capital needed to modernize industry, tourism, and renewable energy sectors,” Morales emphasized.
He asserted that, absent these adverse external conditions, transformations such as the expansion of self-employment and foreign investment “would advance more rapidly and benefit both the state and non-state sectors equally, generating jobs, foreign currency, and well-being for the entire population.”
In his post this Thursday, the PCC Political Bureau member concluded that Cuba’s development depends not only on internal decisions but also on a less hostile international context, allowing the transformations already underway to yield faster results for the benefit of the entire Caribbean nation.
[ SOURCE: PRENSA LATINA ]
